About Orbion Space Technology
Orbion Space Technology is a company based in Houghton (United States) founded in 2016 by Lyon King was acquired by York Space Systems in March 2026. Orbion Space Technology has raised $72.04 million across 13 funding rounds from investors including York Space Systems, Material Impact and Inventus Capital Partners. Orbion Space Technology offers products and services including Aurora Propulsion System and Thruster Configurator. Orbion Space Technology operates in a competitive market with competitors including Exotrail, Avio, Ursa Major, Bellatrix Aerospace and Phase Four, among others.
- Headquarter Houghton, United States
- Founders Lyon King
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Sectors
Aerospace, Defense & Maritime
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Phone
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Website
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Social
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- Legal Name Orbion Space Technology
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$72.04 M (USD)
in 13 rounds
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Latest Funding Round
$27.07 M (USD), Series B
Dec 11, 2025
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Investors
York Space Systems
& 9 more
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Employee Count
Not available
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Acquired by
York Space Systems
(Mar 12, 2026)
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Products & Services of Orbion Space Technology
Orbion Space Technology offers a comprehensive portfolio of products and services, including Aurora Propulsion System and Thruster Configurator.
Integrated system for small satellite maneuvers and fuel efficiency.
Online tool to design custom propulsion based on mission requirements.
People of Orbion Space Technology
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Funding Insights of Orbion Space Technology
Orbion Space Technology has successfully raised a total of $72.04M across 13 strategic funding rounds. The most recent funding activity was a Series B round of $27.07 million completed in December 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Orbion Space Technology
Orbion Space Technology has secured backing from 10 investors, including venture fund and institutional investors. Prominent investors backing the company include York Space Systems, Material Impact and Inventus Capital Partners.
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Early-stage investments are targeted by Inventus Capital Partners.
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Investments are made in growth-stage startups by Beringea.
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Wakestream Ventures is engaged in early stage venture funding.
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Investor details for Orbion Space Technology
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Investments & Acquisitions by Orbion Space Technology
Investment portfolio details for Orbion Space Technology
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Financial Statements - Orbion Space Technology
Detailed financials for Orbion Space Technology
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Orbion Space Technology Comparisons
Peer comparison for Orbion Space Technology
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Competitors of Orbion Space Technology
Orbion Space Technology operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Exotrail, Avio, Ursa Major, Bellatrix Aerospace and Phase Four, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Mobility solutions for small satellites are developed and provided.
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Space propulsion components, systems, and satellite launch adapters are developed.
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Ursa Major is engaged in developing propulsion and defense systems.
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Manufacturer of electric and green satellite propulsion systems
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Plasma propulsion systems for small satellites are developed and manufactured.
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Patented ion-based propulsion for small satellites is developed.
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Detailed competitors of Orbion Space Technology
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Latest news on Orbion Space Technology
Complete news archive for Orbion Space Technology
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Frequently Asked Questions about Orbion Space Technology
Orbion Space Technology was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Orbion Space Technology is headquartered in Houghton, United States. It is registered at Houghton, Michigan, United States.
Lyon King is the current CEO of Orbion Space Technology. They have also founded this company.
Orbion Space Technology is a funded company, having raised a total of $72.04M across 13 funding rounds to date.
Orbion Space Technology was founded in 2016 and is based in Houghton, United States. Operations focus on the space technology sector, where electric propulsion solutions for small satellites are created. Hall-effect thrusters employing plasma and ion-based methods are produced to enable satellite propulsion in orbit. These systems support commercial applications in satellite deployment and maneuvering.
Orbion Space Technology's top competitors include Exotrail, Avio and Phase Four.
Orbion Space Technology offers Aurora Propulsion System and Thruster Configurator.
Orbion Space Technology has 10 investors. Key investors include York Space Systems, Material Impact, Inventus Capital Partners, Beringea, and Wakestream Ventures.